Commerce 2015 Discuss

A cheque drawn by a bank official on the banks deposit in another bank...

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Question 5
A
Bank draft 
B
Bankers order 
C
Promissory note 
D
Travelers cheque 
Explanation.
Share Answer it is an order by the customer requesting the bank to transfer certain amount from the customers account to another bank account, so it is a standing order.

Correct Option:
B

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